Memecoin Boom Raises Concerns Over Crypto Innovation
Binance Research warns of high risks in the memecoin market with a 97% failure rate. The trend, driven by economic pressures and cultural factors, potentially overshadows fundamental blockchain innovation.
Karim Noun
Binance Research warns of high risks in the memecoin market with a 97% failure rate. The trend, driven by economic pressures and cultural factors, potentially overshadows fundamental blockchain innovation.
Trump-Backed World Liberty Caps US Token Sales at $30M
World Liberty Financial, a DeFi project promoted by Trump family, limits US token sales to $30M while planning nearly $290M in global sales. The company operates under SEC regulations for US investors while pursuing international markets under different rules.
Karim Noun
World Liberty Financial, a DeFi project promoted by Trump family, limits US token sales to $30M while planning nearly $290M in global sales. The company operates under SEC regulations for US investors while pursuing international markets under different rules.
Pennsylvania Emerges as a Key State in US Presidential Race
Prediction market Polymarket shows VP Harris gaining ground in Michigan and Wisconsin swing states, while Trump maintains leads elsewhere. With Pennsylvania emerging as a potential deciding state, betting volumes have surged to record levels.
Karim Noun
Prediction market Polymarket shows VP Harris gaining ground in Michigan and Wisconsin swing states, while Trump maintains leads elsewhere. With Pennsylvania emerging as a potential deciding state, betting volumes have surged to record levels.
FTX secures potential $21 million asset recovery through settlements with Evolve Bank and Silicon Valley Community Foundation. Negotiations aim to maximize creditor compensation without prolonged litigation.
Karim Noun
FTX secures potential $21 million asset recovery through settlements with Evolve Bank and Silicon Valley Community Foundation. Negotiations aim to maximize creditor compensation without prolonged litigation.
Donald Trump marked Bitcoin's whitepaper anniversary by reaffirming his pro-crypto stance, promising to end the "war on crypto" and potentially pardoning Ross Ulbricht. The move aims to appeal to crypto advocates before the November 5 election.
Karim Noun
Donald Trump marked Bitcoin's whitepaper anniversary by reaffirming his pro-crypto stance, promising to end the "war on crypto" and potentially pardoning Ross Ulbricht. The move aims to appeal to crypto advocates before the November 5 election.
BlackRock's Bitcoin ETF Sets Historic Growth Record
BlackRock's Bitcoin ETF (IBIT) has made history by reaching $30 billion in assets under management in just 293 days, becoming the fastest-growing ETF ever. The fund now holds over 417,000 Bitcoin and continues to show strong growth potential.
Karim Noun
BlackRock's Bitcoin ETF (IBIT) has made history by reaching $30 billion in assets under management in just 293 days, becoming the fastest-growing ETF ever. The fund now holds over 417,000 Bitcoin and continues to show strong growth potential.
NYSE Arca Pursues Approval for Grayscale's Multi-Crypto ETF
NYSE Arca has filed for SEC approval of Grayscale's crypto index ETF, which would offer exposure to multiple cryptocurrencies including Bitcoin, Ethereum, and Solana. The fund currently manages $565 million in assets and aims to provide broader crypto market access.
Karim Noun
NYSE Arca has filed for SEC approval of Grayscale's crypto index ETF, which would offer exposure to multiple cryptocurrencies including Bitcoin, Ethereum, and Solana. The fund currently manages $565 million in assets and aims to provide broader crypto market access.
Bitwise CIO Matt Hougan believes Bitcoin could reach $200,000 based on two independent factors: its potential to capture a significant share of the store-of-value market and the threat of fiat currency debasement, rather than solely relying on a US dollar collapse.
Karim Noun
Bitwise CIO Matt Hougan believes Bitcoin could reach $200,000 based on two independent factors: its potential to capture a significant share of the store-of-value market and the threat of fiat currency debasement, rather than solely relying on a US dollar collapse.
Bitcoin Volatility Forecast: Trump Trade and Q4 Seasonality
Bitcoin faces potential high volatility due to converging factors including US election uncertainty, the "Trump trade" effect, and historically strong Q4 performance patterns. Bitfinex analysts predict significant market movements in the coming weeks.
Karim Noun
Bitcoin faces potential high volatility due to converging factors including US election uncertainty, the "Trump trade" effect, and historically strong Q4 performance patterns. Bitfinex analysts predict significant market movements in the coming weeks.
FTX and Bybit Reach $228M Settlement in Bankruptcy Case
FTX has secured a $228 million settlement with Bybit, resolving a $327 million withdrawal dispute. The agreement includes $175 million in digital assets and $53 million in BIT tokens, marking a significant step in FTX's bankruptcy proceedings.
Karim Noun
FTX has secured a $228 million settlement with Bybit, resolving a $327 million withdrawal dispute. The agreement includes $175 million in digital assets and $53 million in BIT tokens, marking a significant step in FTX's bankruptcy proceedings.